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This statistic shows the Consumer Price Index (CPI) for electricity in the United Kingdom (UK) as an annual average from 2008 to 2023, where the year 2015 equals 100. In 2023 the annual average price index value of electricity was measured at *****, the highest recorded value during the period in display.
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UK Electricity decreased 27.25 GBP/MWh or 26.60% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for the United Kingdom Electricity Price.
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Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for United Kingdom (CPGREN01GBM659N) from Jan 1971 to Mar 2025 about fuels, electricity, energy, gas, United Kingdom, CPI, price index, indexes, and price.
In 2023, the annual average consumer price index of electricity, gas and other fuels in the United Kingdom was measured at *****. This was the peak in the period of consideration, up from ***** the year prior. The base year was 2015, equaling 100. The consumer price of natural gas also increased to similar levels.
The average wholesale electricity price in July 2025 in the United Kingdom is forecast to amount to****** British pounds per megawatt-hour, a decrease from the previous month. A record high was reached in August 2022 when day-ahead baseload contracts averaged ***** British pounds per megawatt-hour.
Electricity price stabilization in Europe
Electricity prices increased in 2024 compared to the previous year, when prices stabilized after the energy supply shortage. Price spikes were driven by the growing wholesale prices of natural gas and coal worldwide, which are among the main sources of power in the region.
… and in the United Kingdom? The United Kingdom was one of the countries with the highest electricity prices worldwide during the energy crisis. Since then, prices have been stabilizing, almost to pre-energy crisis levels. The use of nuclear, wind, and bioenergy for electricity generation has been increasing recently. The fuel types are an alternative to fossil fuels and are part of the country's power generation plans going into the future.
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Daily data showing the System Price of electricity, and rolling seven-day average, in Great Britain. These are official statistics in development. Source: Elexon.
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Energy Inflation in the United Kingdom decreased to -1.70 percent in May from -0.90 percent in April of 2025. This dataset includes a chart with historical data for the United Kingdom Energy Inflation.
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Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for United Kingdom (CPGREN01GBM657N) from Feb 1970 to Nov 2023 about fuels, electricity, energy, gas, United Kingdom, CPI, price index, indexes, and price.
Quarterly statistical publication containing tables, charts and commentary covering energy prices to domestic and industrial consumers for all the major fuels, as well as presenting comparisons of fuel prices in the EU and G7 countries.
Annexes A to D are now included in the main publication.
We no longer publish a separate copy of the combined tables: we have included links to the QEP tables from the main document.
If you have questions about this content, please email: energyprices.stats@energysecurity.gov.uk
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This statistic shows the monthly trend in output prices of electrical equipment in the United Kingdom (UK) from January 2016 to March 2024, measured using the Producer Price Index (PPI). Over the years observed, output prices of electrical equipment sold by UK manufacturers increased steadily, with the PPI reaching ***** in March 2024.
Inflation for housing, water, electricity, gas, and other fuels in the United Kingdom was 1.9 percent in the first quarter of 2025, compared with three percent in the previous quarter.
Non-domestic consumers with consumption between *** megawatt-hours and ***** megawatt-hours tended to pay higher electricity prices than those users with consumption greater than ****** megawatt-hours. As of 2023, electricity prices for these consumers amounted to ***** pence per kilowatt-hour and ***** pence per kilowatt-hour, respectively. Generally, for both consumption rates, electricity prices presented a trend of growth with a peak in 2023.
MS Excel Spreadsheet, 592 KB
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United Kingdom Retail Price Index: Fuel and Light: Electricity data was reported at 346.500 13Jan1987=100 in Jun 2018. This records an increase from the previous number of 338.900 13Jan1987=100 for May 2018. United Kingdom Retail Price Index: Fuel and Light: Electricity data is updated monthly, averaging 147.400 13Jan1987=100 from Jan 1987 (Median) to Jun 2018, with 378 observations. The data reached an all-time high of 346.500 13Jan1987=100 in Jun 2018 and a record low of 100.000 13Jan1987=100 in Mar 1988. United Kingdom Retail Price Index: Fuel and Light: Electricity data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.I011: Retail Price Index.
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CPI energy intensity of household purchases, COICOP class level categories, UK.
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Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for United Kingdom (CPGREN01GBQ657N) from Q2 1970 to Q3 2023 about fuels, electricity, energy, gas, United Kingdom, CPI, price index, indexes, and price.
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UK Gas rose to 85.31 GBp/thm on July 11, 2025, up 1.32% from the previous day. Over the past month, UK Gas's price has fallen 0.15%, but it is still 17.29% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on July of 2025.
MS Excel Spreadsheet, 576 KB
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